This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
2-bedroom, 2-bathroom apartment of 96 m², built in 2006, energy rating C. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The apartment features high-quality hardwood flooring and a wide covered terrace with built-in BBQ, directly accessible from multiple rooms for seamless outdoor dining.
The valuation. The asking price of €297,000 is €20,976 (7.6%) above the fair value of €276,024, indicating it is fairly priced in the current market. Buy-to-flip angle. A resale strategy would target potential homebuyers seeking spacious apartments in the area, aiming for modest renovations to improve appeal. Buy-to-let angle. The estimated rental income of €767/month results in a gross yield of 3.1%, making it suitable for long-term family rentals given the above-average quality of the property.
Fair value modelled at €276,024 from 6 comparable sales in the area. Asking €297,000 sits €20,976 (7.6%) above — overpriced versus fair value.
Asking €297,000 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €208,208 (€2,169/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €208,208, adjusted for condition and micro-location, gives a modelled fair value of €276,024 (€2,875/m²), a €20,976 (7.6%) gap versus the €297,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Sebastião) · 76b140 | Subject | €297,000 | €3,094 | — | 78 | 53 |
| rua Madalena Claro | Active | €375,000 | €3,074 | 0.6% | 74 | 52 |
| rua Doutor Henrique Chancerelle Machete, 5 | Active | €315,000 | €2,333 | 24.6% | 75 | 41 |
| praceta Lagar de São João, 3 | Active | €385,000 | €3,850 | 24.4% | 74 | 48 |
| avenida Dom João | Active | €370,000 | €2,891 | 6.6% | 74 | 54 |
| Median comp | €372,500 | €2,983 | 3.6% | 74 | 50 |
Long-term rental This 2-bed apartment in Setúbal offers a fair market position with a listing price of €297,000, closely aligning with its fair value of €276,024, reflecting a 7.6% gap. With a gross yield of 3.1% and condition rating of 78/100, it provides stable rental potential in a rural area despite limited local amenities. Family rental Targeting families in Setúbal, this apartment is reasonably priced at €297,000, which is fair given its proximity to industrial employment centers despite rural disadvantages. The combination of a 3.1% gross yield and a favorable condition score indicates an opportunity for stable, long-term tenants in a market with moderate demand dynamics.
Economic Volatility Risk The property is in an area with economic stability rated at 50/100, indicating a potential for economic downturns that could affect rental income stability.
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